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Michael: 48,000
Lucy: 32,000
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
100% (00:47) correct
0%
(00:00)
wrong
based on 262
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Two shareholders, Michael and Lucy, are to share a dividend payout of 80,000 dollars from a company. Michael holds 60 percent of the company’s shares, while Lucy holds 40 percent.
Select for Michael the dividend amount in dollars that Michael will receive and select for Lucy the dividend amount in dollars that Lucy will receive that would be jointly consistent with the given information. Make only two selections, one in each column.
Select for Michael the dividend amount in dollars that Michael will receive and select for Lucy the dividend amount in dollars that Lucy will receive that would be jointly consistent with the given information. Make only two selections, one in each column.
| Michael | Lucy | |
| 16,000 | ||
| 32,000 | ||
| 40,000 | ||
| 48,000 | ||
| 60,000 | ||
| 64,000 |
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Official Answer
Michael: 48,000
Lucy: 32,000
11 Apr 2025, 01:35
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Official Solution:
Since the total dividend payout is 80,000 dollars and Michael holds 60 percent of the shares, he will receive 48,000 dollars.
Lucy holds 40 percent of the shares and will receive 32,000 dollars.
Thus, the correct pair is: 48,000 dollars for Michael and 32,000 dollars for Lucy.
Correct answer:
Michael "48,000"
Lucy "32,000"
Bunuel
Since the total dividend payout is 80,000 dollars and Michael holds 60 percent of the shares, he will receive 48,000 dollars.
Lucy holds 40 percent of the shares and will receive 32,000 dollars.
Thus, the correct pair is: 48,000 dollars for Michael and 32,000 dollars for Lucy.
Correct answer:
Michael "48,000"
Lucy "32,000"
General Discussion
28 Aug 2024, 11:21
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0.4*80000 = 32k
0.6*80000 = 48k
0.6*80000 = 48k
